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you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul ryan and joe biden will face off in their only debate. martha margaret. you can watch and engage with our live in debate preview starting seven got p.m. eastern filed by the debate at 9:00. your reaction at and 30 p.m. -- at 10:30 p.m. >> c-span's debate website provides life and on demand coverage of all the presidential and vice- presidential debate. is on a place for you will see live coverage before and after the debate. it has each debate question as a separate. what your critics clips as well and read streaming tweets from political reporters. go to c-span.org
you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul ryan and joe biden...
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you wouldn't add to the deficit. let's go through how you would do that. >> romney ryan campaign we're very excited about all the details of our new tax plan. it's thick with arithmetic, math, and the sorts of things we haven't had time to walk the american people through. so let's do that right now and just take a hard look at these numbers. [ screaming ] >> what i want to do is make it simpler, fairer. i want to encourage the economy to grow again. >> so you're repealing obama-care but keeping the good parts of healthcare, social security and medicare for seniors and you're going to build more submarines and destroyers than the pentagon wants, i want to ask you a question. are you a wizard. >> i'm not going to layout a piece of legislation here. >> we can't wait to walk you through all the details math point by math point. there are some tricky--sasquatch tricky--sasquatch. sasquatch, you come here! you come here, no, no, yeti. >> hi there, it's a trolley. it's on the way to the neighborhood of make believe. that's
you wouldn't add to the deficit. let's go through how you would do that. >> romney ryan campaign we're very excited about all the details of our new tax plan. it's thick with arithmetic, math, and the sorts of things we haven't had time to walk the american people through. so let's do that right now and just take a hard look at these numbers. [ screaming ] >> what i want to do is make it simpler, fairer. i want to encourage the economy to grow again. >> so you're repealing...
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me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still have a trillions of dollars hole, and he hasn't named the deductions he would close. this is a shell game, john. whichever shell you pick up, the middle class loses. the economy will lose, and i think that this is going to catch up with him. >> schieffer: what did the president think of his performance? >> i think the president understands-- you know, the president is his harshest critic, and without getting into detail, i think you can assume he has reviewed the tape and it will inform how he handles these subsequent debates. >> schieffer: do you think he was ill prepared. some are saying it was the people who prepared him.
me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still...
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get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is a guide who i was talking to a family in massachusetts the other day. their kids of work hid in a car crash. two of them were paralyzed. they went to the same church. mitt asked if he could come over on christmas. he brought his boys and his wife and deaths. i know you are struggling, do not worry about college, i will pay for it. mitt romney does not tell these stories. it was not the cash, he gave his time and he has consistently. this is a man who gave 30% of its income to charity, more of the two of us combined. he is a good man. he cares about 100% of americans in the country. the vice president knows that sometimes the words did not come out of your mouth the right way. [laughter] >> i always say what i mean. >> we want everybody to succeed. we want to get everybody out of poverty. we believe an opportunity. that is what we're go
get this deficit and debt under control. make trade work for america. champion small businesses, do not raise taxes on small businesses. they are our job creators. he talks about detroit. mitt romney is a car guy. this is a guide who i was talking to a family in massachusetts the other day. their kids of work hid in a car crash. two of them were paralyzed. they went to the same church. mitt asked if he could come over on christmas. he brought his boys and his wife and deaths. i know you are...
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>> it wasn't a five-point plan, it was a five-point set of platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past six years. >> i want to do that right now, erin. the low points of the debate for joe biden and paul ryan. vice president, came around 9:10 p.m. eastern, near the top of the debate. explaining the attack on the u.s. consulate in libya. >> we weren't told we want more security. we didn't know they wanted more security. by the way, at the time, we said exactly what the intelligence community told us, that they knew. that was the assessment. and as the intelligence community changed their view, we made it clear they changed their view. we said we will get to the bottom of this. >> the vice president's lowest momen
>> it wasn't a five-point plan, it was a five-point set of platitudes, he wants to prove training, deficit, and trade. but not how he would. other than what his end goals were. >> interesting, wolf. some of the frustration people had, there weren't lots of specifics in this debate. and, in fact, i know you will talk about the low points. smu professors saying this is the number one debate in terms of the number of low points as scored by the focus group that they've done in the past...
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about abortion, reproductive rights, they care about issues around the economy, around jobs, around deficit, around education. that's how they are making their case to women. >> well, it's interesting, governor romney was asked again in ohio yesterday to clarify his stance. let me play his latest response. >> i think i've said time and again, i'm a pro life candidate and i'll be a pro life candidate. the actions i'll take immediately will be to remove funding for planned parenthood. >> so, mark, that comment comes after several articles pointed out that conservative women organization, particularly susan b. anthony, have basically put out a letter calling out governor romney on his pledge to fight for legislation that is favorable to where they stand on the battle for abortion. >> tamron, we did see from governor romney a market shift in tone in his comments to the des moines register. >> is it being too kind to say a shift in tone? >> that is the way you look at it. he was talking about legislation before him. clearly that is something he wouldn't have said during the republican primary se
about abortion, reproductive rights, they care about issues around the economy, around jobs, around deficit, around education. that's how they are making their case to women. >> well, it's interesting, governor romney was asked again in ohio yesterday to clarify his stance. let me play his latest response. >> i think i've said time and again, i'm a pro life candidate and i'll be a pro life candidate. the actions i'll take immediately will be to remove funding for planned parenthood....
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why didn't we go forward with a plan to reduce the deficit. these guys have been in charge for four years and they don't have a lot to show for it. >> steven, that sounds like an invitation to get lost in the weeds to become the policy wonk that we know both of these two gentlemen are, and let's be honest this is about trying to convince a married woman somewhere in ohio to go republican or democrat versus the other way. how is that going to play? how are details going to play at all tonight? >> i think it's important to have details, just as we saw in the last debate. i think while you could easily get lost in the weeds, i think people came away with an impression as to what each side stood for. i would just say with respect to carly's comments it's not true that obama and biden do not have a budget. they have one. it's called the fiscal year 13 budget they put out that goes into excruciating detail, far more detail than romney and ryan has gone into as to how they would achieve substantial deficit reduction over the next ten years. the presi
why didn't we go forward with a plan to reduce the deficit. these guys have been in charge for four years and they don't have a lot to show for it. >> steven, that sounds like an invitation to get lost in the weeds to become the policy wonk that we know both of these two gentlemen are, and let's be honest this is about trying to convince a married woman somewhere in ohio to go republican or democrat versus the other way. how is that going to play? how are details going to play at all...
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he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed as this great economist, this great numbers thinker. >> michael, ryan still had no answer, as joan said shall as to how he'd pay for a 20% across the board tax cut. martha raddatz asked at least twice. mike, have you ever heard a politician make such a promise to the electorate yet not even try, not even attempt to provide one detail when asked? >> well, here is what the campaign will say and here is what ryan wasn't saying explicitly on that stage because it's a hard thing to argue. it's that they believe that if you give this sort of tax cut, there will be economic
he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed...
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he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway any voters? the vast majority tell us they made up their minds before the debate. joining me now, lee, director of the marist poll. that's what i want to start off with. i thought it was remarkable that we're talking single digits here, 7% in florida, 7%, 6%, in these three states that said the debates mattered. among that small sliver of people, they all favored romney for those that say debates mattered. >> this is what we've been saying throughout the campaign. this electorate who picked sides early, the undecided has been low, those firmly committed to a candidate has been very high. a
he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway...
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i'm going to get rid of the deficit, give you tax breaks, without talking about anything specific except, of course, big bird. >> yeah. and what -- it's important to note, you are a master of parody and comedy, the form as it were. sesame workshop has responded to big bird ad. >> official response. >> this qualifies as breaking news. >> i always knew snuff love gus was a republican but -- >> how dare you claim not to be liberals with all your brainwashing. i know how to count because of sesame street because they brainwash. >> let's not denigrate the importance of sesame street to early childhood education and the role it plans. to john's point, this is kind of -- we have serious issues at hand. >> exactly. >> and the chock is ticking. >> feel like i want to bring in mr. rogers and talk about my feel approximationp we should be talking about education and infrastructure, it is a tiny number but representative of something larger. >> two things to say about this ad, only one good thing, it's not running in any battleground states, only cable bait, and the bad thing to say about it is, it
i'm going to get rid of the deficit, give you tax breaks, without talking about anything specific except, of course, big bird. >> yeah. and what -- it's important to note, you are a master of parody and comedy, the form as it were. sesame workshop has responded to big bird ad. >> official response. >> this qualifies as breaking news. >> i always knew snuff love gus was a republican but -- >> how dare you claim not to be liberals with all your brainwashing. i know...
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the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of leadership, as a result of saying the most predictable economic crisis in our countries history and not fixing it, our credit rating was downgraded for the first time in our history. >> we laid out a $4 trillion debt reduction plan over the next 10 years. 4 trillion. we have already passed 1 trillion of it. ladies and gentlemen, these guys vote against everything. not only do they say they don't like a plan, i get that. you don't like our plan. what's your plan? >> tonight congressman paul ryan and vice president joe biden will face off in the only debate
the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of...
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best for our nation and our nation's jobs recovery and the sort of choices that would simply drive up deficits or drive up costs on middle class americans by ladling on more tax cuts for millionaires and billionaires. the other thing that i think is going to be at stake in this race is i think you're going to hear a robust discussion about the common good, about what's best for all of us, about what sort of choices we need to make that are consistent with the dignity of every human person, with consistent with the dignity of work, the common good, the protection of god's creation. i think this is going to be a debate that the vice president has been preparing really all his life for. it's going to be i think a very historic night and a very sharp contrast between vice president biden's vision for an america where there is more opportunity and congressman ryan who wants to bring us a country of less. >> shep: the maryland governor, democrat, good of you to be here. thank youment our coveraged continues enroute to mr. o'reilley i'm like...yeah, o. little did i know that one week later i wasn't s
best for our nation and our nation's jobs recovery and the sort of choices that would simply drive up deficits or drive up costs on middle class americans by ladling on more tax cuts for millionaires and billionaires. the other thing that i think is going to be at stake in this race is i think you're going to hear a robust discussion about the common good, about what's best for all of us, about what sort of choices we need to make that are consistent with the dignity of every human person, with...
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it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go on our website. he sent me two letters saying, by the way, can you send me stimulus money for companies here in the state of wisconsin? we sent millions of dollars. >> you did ask for stimulus money? >> on two oaks we advocated for constituents who were applying for grants. that's what we do. we do that for all constituents. >> i love that. i love that. >> i love that, too. once again, obstructionist republicans opposing policies that they actually support and know will be valuable for americans. >> the romney team had a bit of an issue this week, romney had a multiple choice situa
it's not the deficit, it's the economy, wall street, meltdown. he starts talking about we put iraq, afghanistan, wars that biden himself voted for, he went down the wrong route after introducing a good point there. >> paul ryan didn't push him on that, wasn't quick enough to recognize -- >> you voted to are that, sir. >> that would have been painful. the stimulus letter discussion was absolutely devastating. >> i love my friend here. i'm not allowed to show letters. go...
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but because it was a big price tag and it made the score look bad, make it look like a deficit, that provision was taken out and it's been going on in stand-alone legislation. but ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. and so when you take a look at all this, it just doesn't add up. let's finish with the cost curve. are we bending the cost curve down? or are we bending the cost curve up? if you look at your own sheet act wear in medicare, we're bending it up. ears claiming that we're going up 22 -- $222 billion. adding more to the unsustainable fiscal situation we have. and so, when you take a look at this, it's really deeper than the deficits or the budget gimmicks or the actuaryial analysis. there really is a difference between us. and we've been talking about how much we agree on different issues, but there really is a difference between us. and it's basically this. we don't think the government should be in control of all of this. we want people to be in control. and that at the end of the day is the big di
but because it was a big price tag and it made the score look bad, make it look like a deficit, that provision was taken out and it's been going on in stand-alone legislation. but ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. and so when you take a look at all this, it just doesn't add up. let's finish with the cost curve. are we bending the cost curve down? or are we bending the cost curve up? if you look at your own sheet act...
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you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i mean, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i mean, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on...
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you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we ha
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic...
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you have all of these things and four straight trillion-dollar deficits. we are right back at the starting line on the economy. this is a failed president. there is no doubt about it. >> greta: the polls are out. some polls, right now, we are starting to see in postdebate polls that the impact of governor romney's win. it looks like governor romney is closing the gap in several swing states. according to a new rasmussen poll. in ohio, president obama is leading romney by 1 percentage point n. virginia, governor romney leads 49-48%. in florida, governor romney leads by 2 percentage points. 49-47. all three are in the markin of error, but they do show gains by governor romney. it appear hes got a bounce? >> he got somewhat of a bounce. this is like a great wave, greta it's vitally important, i think we are not going to see how far the wave rolls up the beach until the polls are taken postdeigate -- post-debate, especially in ohio, if he's tied then or ahead in ohio, after that, and virginia and florida, it is a brand-new ballgame. in ohio, i think that's the
you have all of these things and four straight trillion-dollar deficits. we are right back at the starting line on the economy. this is a failed president. there is no doubt about it. >> greta: the polls are out. some polls, right now, we are starting to see in postdebate polls that the impact of governor romney's win. it looks like governor romney is closing the gap in several swing states. according to a new rasmussen poll. in ohio, president obama is leading romney by 1 percentage...
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>>guest: i think the national debt and the deficits we are facing are all of our problems. all of us add americans should participate. >>neil: i know that. i want to be clear. yes-or-no on raising some people's taxes like the wealthy. >>guest: i think you have to raise revenue in order to solve the national debt problem. i think of an approach that buys in all americans is better than simply one group pitted against the other. i don't think you raise taxes just on the wealthy. i don't think you raise taxes just on middle income. this is a shared responsibility that we have. to we talk about it in terms of being talked about today we divide each other. this is our shared responsibility in this country. it should be united, a united effort not divided. the debate now it is one american against another. i don't think that is the right way to do it. >>neil: thank you very much. >>guest: to be clear, i think we have to raise revenue to deal with the national debt. everyone that has looked at it knows that, we have to cut spending. >>neil: thank you very much. >> a nobel prize fo
>>guest: i think the national debt and the deficits we are facing are all of our problems. all of us add americans should participate. >>neil: i know that. i want to be clear. yes-or-no on raising some people's taxes like the wealthy. >>guest: i think you have to raise revenue in order to solve the national debt problem. i think of an approach that buys in all americans is better than simply one group pitted against the other. i don't think you raise taxes just on the wealthy....
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get this deficit and debt under control. make traeld work for america to you can make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney is a car guy. let me tell you about the mitt romney i know. this is a guy, who i was talking to, a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reed, were paralyzed. the romneys didn't know them. mitt asked if he could come over on christmas. he brought his boys, his wife and gifts. later on, he said, i know you're struggling, mark, don't worry about their college, i'll pay for it. when mark told me this story, because, you know what, mitt romney doesn't tell these stories. when he told me this story, he said it wasn't the help, the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity. more than the two of us co
get this deficit and debt under control. make traeld work for america to you can make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney is a car guy. let me tell you about the mitt romney i know. this is a guy, who i was talking to, a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob...
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enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of
enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopho
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you...
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Oct 12, 2012
10/12
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CNNW
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across th
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
165
165
Oct 12, 2012
10/12
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get deficit and debt under control. make trade work for america to make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they are the job creators. he talked about detroit. mitt romney's a car guy. they keep misquoting him. the mitt romney i know is a guy who i was talking to a family in massachusetts the other day, sheryl and mark nixson. their kids hit in a car crash, two of them parollized. mitt wanted to come over on christmas bringing his boys, his wife, and gifts. later on he said i know you're struggling, mark, don't worry about college. i'll pay for it. when mark told me the story because mitt doesn't tell the stories. when i was told the story, he said it was not the cash help, but that he gave his time and he has consistently. this is a map who gave 30% of the income to charity, more than the two of us combined. mitt romney's a good man and cares about 100% of americans in the country. with respect to that quote, i think the vice preside
get deficit and debt under control. make trade work for america to make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they are the job creators. he talked about detroit. mitt romney's a car guy. they keep misquoting him. the mitt romney i know is a guy who i was talking to a family in massachusetts the other day, sheryl and mark nixson. their kids hit in a car crash, two of them parollized. mitt wanted to come over on...
119
119
Oct 10, 2012
10/12
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you get $16 tril whereon in debt and four straight years of trillion-dollar-plus deficits. we have to move away from that. >> greta: i suspect if president obama were here, he would say that what he has done is to give people opportunity, that you need to jump-start people. you need to give them a little help, every once in a while to jump start it. how do you answer him to that remark? >> i would say, mr. president, you gave us some 800 to 9 mon. billion dollars of a stimulus package. you said that unemployment would never go above 8%. it remained at 8% or above 43 straight months. even still issue you say that unemployment would be 5.8% to 6%. you haven't jump-started anything. as a matter of fact, you wasted almost $twenty one trillion of american taxpayer money and continue to see yourself as a venture capitalist, using american taxpayer money for failed companies that you want to try to pick, based upon your own policies. this is about take org tax code and taking the tax rates and bringing them down, so we can infuse capital into the pockets of the job creators and th
you get $16 tril whereon in debt and four straight years of trillion-dollar-plus deficits. we have to move away from that. >> greta: i suspect if president obama were here, he would say that what he has done is to give people opportunity, that you need to jump-start people. you need to give them a little help, every once in a while to jump start it. how do you answer him to that remark? >> i would say, mr. president, you gave us some 800 to 9 mon. billion dollars of a stimulus...
115
115
Oct 12, 2012
10/12
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CNN
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is deny those so that more of their
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...